NSE: DIXON | BSE: 540699

Strong Performer, Getting Expensive

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18331.00 221.00 (1.22%)

Near 52W High of ₹19148.90

277.0K NSE+BSE Volume

NSE 18 Sep, 2025 3:58 PM (IST)

110,927.7

Market Cap

Market Leader

1.5

Beta 1Year

Very High Volatility

Acquisition

Dixon Tech to acquire a 51% stake in Delhi-based Kunshan Q Tech Microelectronics for Rs 553 crore See details

Dixon Technologies (India) Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for DIXON, BSE:540699 Dixon Technologies (India) Ltd.

Dixon Technologies (India) Ltd.

26 Feb 2020

18331.00

1.22%

Dixon Technologies (India) Ltd

Dixon Technologies (India)...

Angel Broking

Dixon Technologies (India) is primarily engaged in the manufacturing of electronics as its core business activity. The Company designs consumer electronics like LED lamps, mobile phones, televisions etc.On the financial health front, the company's balance sheet looks strong with just 0.3x debt over equity. Currently, the stock trades at 44x of its earnings and delivers

Dixon Technologies (India) Ltd. has gained 39.95% in the last 6 Months

Dixon Technologies (India) Ltd.

07 Feb 2020

18331.00

1.22%

Result Update:Dixon Technolog.

Buy: Dixon Technologies (India)...

Target

Axis Direct

Dixon's Consolidated Revenue grew by 25% in Q23Y20 to Rs. 993.8 cr vs. Rs. 794 cr in Q3FY19, driven by strong revenue growth across key segments. The EBITDA grew by 32% to Rs 52 cr vs. Rs 39 cr in Q3FY19

Dixon Technologies (India) Ltd. is trading above all available SMAs

Dixon Technologies (India) Ltd.

02 Dec 2019

18331.00

1.22%

Pick of the Week:02 DEC 2019

Buy: Dixon Technologies (India)...

Target

Axis Direct

...

Dixon Technologies (India) Ltd. has gained 28.70% in the last 3 Months

Dixon Technologies (India) Ltd.

27 Nov 2019

18331.00

1.22%

Result Update:Dixon Technolog.

Results Update: Dixon Technologies (India)...

Axis Direct

Dixons Consolidated Revenue grew by 90% in Q2FY20 to Rs. 1402 cr vs. Rs. 739 cr in Q2FY19, driven by strong revenue growth across key segments. The EBITDA grew by 91% to Rs 63.1 cr vs. Rs 33 cr in Q2FY19, while EBIDA margins stood at 4.5% (4 bps Y-o-Y and 9bps Q-o-Q).

Number of FII/FPI investors increased from 885 to 896 in Jun 2025 qtr.

Dixon Technologies (India) Ltd.

17 Oct 2019, 12:00AM

18331.00

1.22%

Initiating Coverage:Dixon Technolog.

Buy: Dixon Technologies (India)...

Axis Direct

Dixon Technologies (Dixon) is a leading manufacturer of products for consumer durable brands in India. It has ~9.3% share in Electronic Manufacturing Services. We initiate coverage with BUY rating and a target price of Rs 3,649 i.e. 21% upside (implies 32x FY21E)

Dixon Technologies (India) Ltd. has gained 28.70% in the last 3 Months

Dixon Technologies (India) Ltd.

13 Aug 2019

18331.00

1.22%

Dixon Technolog

Accumulate: Dixon Technologies (India)...

Recommendation Target

Dolat Capital

Strong quarter; Working capital improves; Upgrade back to Accumulate The Q1FY20 results were more than our estimates, and both EBDITA margins and working capital improved, due to strong performance in the consumer electronics segment. Management expects this improvement to continue. As WC improves, debt fell from `1bn to Rs700mn. We expect EPS to grow at a CAGR of 26% over FY19-21E, given strong traction with key customers in its TV and lighting business. The mobile segment should also grow with addition of new customers. Given the better-than-expected Q1...

Dixon Technologies (.. has an average target of 19281.80 from 5 brokers.

Dixon Technologies (India) Ltd.

16 Apr 2019

18331.00

1.22%

Dixon has acquired an additional 50% stake in Padget Electronics Pvt. Ltd., the JV for mo...

Buy: Dixon Technologies (India)...

Target

Emkay

Dixon has acquired an additional 50% stake in Padget Electronics Pvt. Ltd., the JV for mobile manufacturing in which Dixon already owns 50%. After the transaction, Padget has become a wholly owned subsidiary of the company. Dixon valued Rs270mn as the consideration for the stake, valuing Padget at 2.6x FY19 EBITDA. The net cash payout stood at Rs110mn. The deal should lead to incremental revenues of Rs3.4bn/3.7bn for Dixon's in FY20/FY21E, with EBITDA of Rs84mn/92mn. marquee customer additions will drive revenue sustainability for Dixon. Note that we have now incorporated 100% of Padget Electronics into our estimates....

Number of FII/FPI investors increased from 885 to 896 in Jun 2025 qtr.

Dixon Technologies (India) Ltd.

30 Jan 2019

18331.00

1.22%

DIXON reported better-than-expected revenues, driven by the Home Appliances, Consumer Ele...

Buy: Dixon Technologies (India)...

Emkay

Refer to important disclosures at the end of this report Recovery in margins, likely to sustain DIXON reported better-than-expected revenues, driven by the Home Appliances,...

Dixon Technologies (.. has an average target of 19281.80 from 5 brokers.

Dixon Technologies (India) Ltd.

07 Aug 2018

18331.00

1.22%

Dixon Technolog

Buy: Dixon Technologies (India)...

Dolat Capital

Q1, though disappointing on revenues, was in line at an operating and PAT level. While the electronics business faced cost pressures, it was negated by higher margins in lighting, which was almost entirely LED. Management has maintained a 25% revenue growth for FY19. We...

Dixon Technologies (India) Ltd. is trading above all available SMAs

Dixon Technologies (India) Ltd.

10 Jul 2018

18331.00

1.22%

Dixon Technolog

Buy: Dixon Technologies (India)...

Dolat Capital

Dixon Technologies came up with the IPO in FY18 and got a great response from investors with a 117x subscription. From its IPO proceed of ` 600mn, company spent `.220mn for loan repayment and `75mn for setting up the plant at Tirupati for LED TVs. There is security premium of ` 596mn raised...

Dixon Technologies (.. has an average target of 19281.80 from 5 brokers.

Is Dixon Technologies (India) Ltd. worth buying?

866 Votes:

Buy 73.79%

Sell 15.13%

Hold 11.09%

RESEARCH REPORTS

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